Remove Digital Banking Remove Online Remove UX
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Chime, Challenger Banks And The Challenges Of (Lofty) Valuations

PYMNTS

The public markets are less excited about the traditional FIs – the private money indicates promise in digital banking, and decidedly less rosy days ahead for the traditional financial players (who are burdened by legacy tech and have relatively higher exposure to legacy financial/credit products that may be pressured by rocky economic landscapes).

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This Week In Payments: Digital Banking, Financial Literacy And Expanded eCommerce Competition

PYMNTS

He said investors are taking a hard look at whether hefty valuations still make sense given challenger banks’ progress so far. Ranchere doesn’t think investors will decide the sector is valueless, as challenger banks have shown the ability to bring in younger consumers with greatly improved UX and upgraded digital offerings.

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11 Commandments of Digital Banking: The Customer Journey

FICO

Last year we published a highly successful The 11 Commandments of Digital Banking eBook that introduced the 11 commandments: Digital lift-and-shift is not a strategy! In addition to a new blog post that will be published monthly over 5 months, we are also excited to launch the following event: LinkedIn Live on Digital Banking.

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3 Ways Financial Institutions Can Step Up for Underserved Communities

Perficient

Mike Randall, a co-founder of Greenwood, wanted to address the specific issue of bank branches being replaced by check cashing places that charge absurdly high-interest rates. To offer another example of a bank consciously aimed at supporting the underserved, Forbes just recognized Quontic as the number one “best overall online bank.”

Community 275
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Big Tech’s Big Shadow Over FIs

PYMNTS

“We believe that banks have completely had to rethink how they are reaching their customers [and] what investments they have made in digital and virtual forms. These investments have to shift toward making more channels easily available … whether it’s app or online or voice or chat-based instruction.

UX 165
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Shoring Up FIs ‘Deteriorating Advantage’ Over Big Tech

PYMNTS

Conventional wisdom seems to hold that challenger banks will eat traditional financial institutions’ collective lunch in the race for deposits, for checking, even for credit cards. In that mindset, banks, laden with entrenched legacy systems, with disparate platforms — call it big infrastructure! — Trust in Digital Banking. “It’s

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USAA UX fail – non-clickable links

BankNXT

USAA UX fail – non-clickable links on BankNXT. Jim Bruene notes navigation design flaws on the USAA website that could hinder customer onboarding.

UX 40